UK GOES DAVID GUEST MAD

Punters in the UK are going mad for David Gest, and now William Hill Bookies have him odds on to win I'm A Celebrity Get Me Out Of Here after William Hill have Mr Guest at 10/11.
David Gest continues to be the number 1 of the celebrities to win the show, despite his ill-advised words and comments, they have had no effect on people betting on him to be crowned King of the Jungle.
Rupert Adams, from William Hill said, 'The 'plastic fantastic' is the star of the show and he is now odds on from an original quote of 33/1.'
Liza Minelli is in danger of being known as the ex-wife of David Gest and the bookmakers are also offering odds of 33/1 that they get remarried before the end of next year.

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Lost millions from SportingBet

The new American gambling laws which forced online gambling firms to stop US business, has cost SportingBet an estimated GBP252.4 million USD493.8 millio according to the firms quarterly statement.
SportingBet sold its US arm for only USD1 that about 51p just moments before the UIGEA came into effect, this lead to a first quarter loss of over £241 million.
But it was not all doom and gloom at SportingBet, who reported a strong growth in gross profit for their current operations, with European business bringing in over 55% more profit than the same quarter last year, Australian in take is up 33 percent.
Gross profit for its continuing operations was up by 48% to £31.7 million in the three months ending on October 31st.
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Warnings on UK Gambling

The BBC Panorama progam has thrown up serious questions about the UKs government proposals to regulate online gambling as the program suggests that a possible one million people a year could become addicted to gambling.

An addiction expert called Professor Jim Orford from the UK slammed the government for being ‘naive’ and ‘playing dice’ with people’s health by liberalising UK gambling laws, recent research from the UK Gambling Commission showing that Britain has around one million regular online gamblers.

Panorama also revealed figures from Nielsen/Net Ratings a internet media and market research company, show an average of 5.8 million people a month visiting online casino and gaming sites from April to September 2006.

Online Gambling: Britain's New Obsession will be broadcast on Sunday 26 November at 22:15

Visit bbc.co.uk/panorama and on BBC One.
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Gambling Growth for Spain

A recent study undertaken by of the well known consulting firm MECN on the future growth on the Spanish gambling market, this study make Spain a potential key region for future, both for online and land based gambling.

William Hill has already executed its expansion plan into Spain, whilst it largest UK competitor Ladbrokes is reportedly working out its market entry strategy into Spain.

Co-author of the study by MECN, Mr. Martin Oelbermann, explained, 'In nearly all of our surveys and interviews the operators mentioned Spain as a particularly attractive jurisdiction for future expansion.'

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888 goes Casino Royale

As the new James Bond film becomes the talk of the town this weekend 888 plans a special event to celebrate the release of the new Bond film Casino Royal.
This one-off poker game will see the hires to the British play Casino Royal style Prince William, Prince Harry, Princess Beatrice and Peter and Zara Phillips take to the tables to play one hand of Texas Hold’em poker.
The Casino Royale poker game with have a GBP1 million charity pot and will see the winner receive GBP600,000 to donate to a charity of their choice. the rest other royals will also get to donate GBP100k winnings to their chosen charity.
Head of Offline Marketing for 888.com Mr Matt Robinson said, “Royalty and card playing are intrinsically linked in history. With the advent of the new Bond film it seems only logical to stage a royal poker event in the name of charity.”
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European Gambling on the UP

Online Casino gambling has had a hard time in 2006, but a resent report by the European Commission says that business is booming Europe despite recent heavy losses by their US counterparts.
This resent study revealed that gambling amounts to 3% of total EU GDP and is set to rise further as US operators home in on European opportunities.
This report also mentioned that €51 billion was generated through gambling (45% lotteries and 17% betting), in 2003.
The CEO from Chartwell Games a Mr Lee Richardson said, “The current drive towards licensing in Italy will offer new international operators substantial retail and online betting and gaming opportunities in a strong growth market; we are very excited by the new possibilities in what has always been a key area of growth for Chartwell's clients.”

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COO of William Hill GOES

William Hill plc, a UK based gambling firm, issued a surprising announcement yesterday, that Mr Tom Singer will be leaving Wiliam Hill, Mr Singer was there chief operations officer and executive director.
Mr Tom Singer resigned from the board at Willian Hill and will leave the company with immediate effect.
A Wiiliam Hill plc spokesperson confirmed that Mr Singer’s departure follows a review of the company's key executive roles, which will now see Mr David Harding taking over the COO roll alongside his own responsibilities as Chief Executive Officer.

Mr Singer reflected on his time with Wiliiam Hill saying, "After six stimulating years at William Hill and having recently seen the company report on record interim profits I look forward to a fresh professional challenge." However Singer did would not say what his future plans are.

Mr Charles Scott, Chairman at Willaim Hill commended the outgoing Singer for his contribution to the company, by saying "On behalf of the Board I would like to thank Tom for the contribution he has made to William Hill since our IPO, both as Finance Director and, more recently, as Chief Operating Officer. We wish Tom every success in the future."

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888 Gibraltar jobs lost

Around 150 jobs maybe lost from the headquarters of 888.com, Cassava, the company behind 888 casino on net, is to make around 150 employees from there Gibraltan baseredundant.

This sudden move follows the Unlawful Internet Gambling Enforcement Act in America, Also heard on the wires is news of a possiable takeover from UK bookmaker Ladbrokes.

888uk employees have already received redundancy letters, even with then news of the possible deal with Ladbrokes.
888 saw its share price jump 8.6 percent at to around 120p, putting its value at more than GBP400 million.
A Ladbrokes spokesperson said that his company was in the early stages of reviewing a possible transaction involving 888.com although industry analysts believe any bid would have to be above GBP470 million pound mark to be acceptable to Cassava.

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800 PartyGaming jobs lost

Around 800 employees of Ivy Comptech, which is a subsidiary of PartyGaming located in India lost their jobs as PartyGaming re-structure they business to adapt to the changes in the Gambling market sence the Unlawful Internet Gambling Enforcement Act in America.

This move is similar to the lay off of over 100 employees by a 888 Holdings subsidiary call Random-Logic.An Ivy Comptech spokesperson said: "The company has to rightsize and adapt its operations in order to go forward in the best shape in the current business scenario. Over 50 percent of the employees have been told to leave with a financial package."PartyGaming has already lost to $250 million since exiting the US market due to the UIGEA.